Here Are the Best Family Travel Insurance Plans in 2022

Alevin Chan

Alevin Chan

Last updated 05 October, 2022

Planning for a year-end family trip? Be sure to protect yourself and your loved ones with a travel insurance plan. Here are some of the best ones.

Because your regular insurance only covers you while you’re in Singapore, when injuries, accidents or illnesses happen when you’re holidaying overseas, you’ll have to pay for medical treatment out of your own pocket.

This can turn out to cost more than you’d expect – as a foreigner you’ll need to pay full price, instead of the subsidised rate, which is for citizens only. And if more than one member of your family needs treatment, your expenses will be multiplied.

In addition, injuries such as fractures and sprains may require follow-up treatment or consultation when you return, which means having to dig into your Medisave, or even further into your dwindling bank account.

Thankfully, the financial repercussions of getting injured or falling ill during an overseas holiday can be deflected with a family travel insurance plan.

So before you fly off on your year-end vacation with the spouse and kids, be sure to get a travel insurance plan that will adequately cover the whole family. To help you in your search, we’ve picked out the following three best family travel insurance plans; two of them are paid, and one is free.

Disclaimer: The information contained in this article is solely for information purposes only. Be sure to check the policy wordings before purchasing your travel insurance plan.

Singlife Travel Insurance

Highlights of this plan

  • Up to unlimited overseas medical benefits
  • Up to S$500,000 personal accident cover
  • Double indemnity for public transport
  • Up to S$50,000 overseas hospital income
  • Up to S$50,000 overseas hospital income in ICU
  • Up to S$2 mil personal liability cover
  • Up to S$40,000 benefit for trip cancellation (family total)
  • Up to S$8,000 lost baggage benefit
  • Includes COVID-19 cover

Singlife Travel Insurance offers up to unlimited cover for overseas medical expenses, up to S$500,000 in personal accident cover, and up to S$50,000 daily hospital cash for overseas admission.

COVID-19 is also covered. You’ll receive up to S$200,000 overseas medical cover, and up to S$2,000 in quarantine allowance.

Of course, being a travel insurance plan, there are also a slew of traveller benefits to protect your travel arrangements as well as the belongings you bring with you.

Some highlights include up to S$40,000 for trip cancellation, (up to S$10,000 if cancelling for non-insured reasons), up to S$30,000 if your family has to return early, and up to S$4,000 for travel delay. Note that these are family limits.

In the event of trip cancellation, interruption or postponement due to COVID-19, this plan offers benefits of up to S$2,000.

Why this plan is best for families

Singlife Travel Insurance offers several family-oriented benefits, such as up to S$8,000 in family assistance benefits, up to S$25,000 in child education benefits, compassionate visit cover of up to S$25,000 and child minder benefits of up to S$25,000.

There is also a home contents benefit of up to S$15,000, as well as domestic pet care cover of up to S$1,000, so families can go on their vacations with greater peace of mind.

One thing to note though: Many of these benefits are included only in the highest-tier plan, so be sure to weigh carefully if they are worth paying a higher premium for.

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DBS/POSB TravellerShield Plus

Highlights of this plan

  • Up to S$1 mil personal accident cover
  • Up to S$1 mil overseas medical cover
  • Includes COVID-19 benefits
  • Up to S$15,000 for journey cancellation
  • Up to S$8,000 for luggage and personal belongings
  • Up to S$2,000 for hotel extension
  • Includes adventurous activities
  • Paid add-on for pre-existing conditions
  • Available in three tiers

DBS/POSB TravellerShield Plus is a paid travel insurance plan that offers a total of 47 benefits, making it a great all-rounder plan for overseas trips, whether by land, air or sea.

There are three tiers in TravellerShield Plus, with the highest topping out at S$1 mil each for overseas medical, accidental injury (with double cover for public conveyance included) and emergency evacuation benefits. There’s also up to S$75,000 benefits for follow-up medical treatment.

Other coverage areas are similarly robust, including luggage, travel documents and personal belongings, as well as trip cancellation, trip postponement, and luggage delay.

And if you’re planning to engage in extreme sports or activities that are considered higher risk (hot air ballooning, white water rafting, etc), you’ll be glad to know that adventurous activities cover is included at no extra cost.

Why this plan is best for families

TravellerShield Plus also offers cover for pre-existing conditions as a paid add-on, so this plan works even for family members with chronic diseases.

There is also up to S$2,000 in hotel extension benefits per insured person. This is useful because if, say, a loved one needs to stay behind for treatment, you’ll have to pay for extra hotel nights for the rest of the family. This benefit can help offset the added expenses.

Citi Credit Card Complimentary Travel Insurance

Highlights of this plan

  • Up to S$1 million personal accident cover
  • Up to S$40,000 overseas medical cover (including sickness)
  • Up to S$100,000 emergency evacuation and repatriation
  • Baggage loss or delay, flight delay, trip cancellation or interruption cover
  • Covers cardholder, spouse and dependant children
  • Complimentary

Banks commonly offer complimentary travel insurance when you book a plane ticket or overseas hotel using a qualifying credit card.

The majority of these travel insurance only cover accidental death or serious injury, as well as travel inconveniences such as luggage delays and trip cancellations.

However, Citi Credit Card Complimentary Travel Insurance includes overseas medical coverage for both accidental injuries as well as sickness. Both the principal cardholder and the spouse are covered for up to S$40,000 for overseas medical benefits, while dependent children are covered for up to S$20,000.

Additionally, this policy also covers you if you choose to wait till you come back to Singapore before seeking treatment (such as if you fall sick while on the plane back) – within one week of your return. Follow-up treatments are also covered at up to 5% of the benefit limit.

Why this plan is best for families

This plan is offered on a complimentary basis when you charge the cost of the trip to a qualifying Citi credit card. Besides the cardholder, the spouse and dependent children are covered under the policy by default.

While the plan does well in personal accident and overseas medical cover, it doesn't score quite so highly when it comes to travel inconveniences. Benefits for baggage loss or delay, and trip cancellation are rather low.

One more thing to note: This plan does not have COVID-19 cover, so if you are concerned about that, you may want to purchase a separate COVID-19 plan.

But remember, you’re getting all this coverage at no added cost. This plan could be a viable alternative for those who are going on a short family trip that does not require bringing too many belongings.

Or, if you forgot to get a travel plan beforehand, this could also act as a backup in a pinch.

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An ex-Financial Planner with a curiosity about what makes people tick, Alevin’s mission is to help readers understand the psychology of money. He’s also on an ongoing quest to optimise happiness and enjoyment in his life.